TETELESTAI | 1-800 Numbers

This is where the 800#'s will be listed which will be included in the TETELESTAI post once published.

(Note: The TETELESTAI post is the official "Go" for redemption/exchange. Despite Yosef's departure, it will still be sent out for publication when the time comes.)

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Saturday, August 20, 2016

INDEED IT IS Frank. The budget is in BILLIONS not TRILLIONS like you/we had hoped. Thats awesome.AbundantlyBlessed » August 20th, 2016

Hi Jay! May I ask you where you saw the budget listed in Billions? Would love to see that. Thanks!!!

Jay » August 20th, 2016

08/20/2016 (00:01 pm) -

Economic Adviser: 2017 austerity budget will stimulate the development of non-oil resources

Baghdad / Ibrahim Ibrahim

Financial advisor to the Prime Minister Haider al - Abadi revealed, Friday, for the end of the Ministry of Finance to prepare 2017 budget, stressing that its value would be about $ 82 billion at a price calculated $ 40 for a barrel ofoil and a deficit of up to $ 18 billion, while economists warned of the loan disbursement Foreign consumer spending, leading to the bankruptcy of the government treasury and the accumulation of debt.

he said the appearance of Mohammed Saleh, in an interview for the "long", "the Ministry of Finance has completed the preparation of the 2017 budget will be presented for discussion in the Council of Ministers during the month of September."

Saleh pointed out that "budget amounted to nearly $ 82 billion at a price of $ to 40 oil calculation," adding that " the cabinet would send the bill to the House of Representatives beginning in October of this year , a month."

The economic adviser that " the 2017 budget will be the austerity beyond borders and motivational for the development of non - oil resources such as taxes and customs and others. " LINK

Aggiedad77 » August 20th, 2016

What I find encouraging about this article is the fact that they are seeking consultation from the IMF with what to do regarding their budget, instead of acting like a child in a candy store going at things in a "willy-nilly" sort of way.....lean on the knowledge of others who run far bigger entities in the world.

Don961 » August 20th, 2016

Economic parliamentary: the decision to adopt $ 35 for a barrel of oil in the budget of 2016 is a given right

20/08/2016 10:04 |

Confirmed by Najiba Najib Economic Committee, that the construction of 2016 budget on a price of $ 35 instead of $ 45 brave and a good decision, a specific right and came appropriately GMT, and is consistent with reality and help the government budget management, the fact that the construction budget on the price of $ 45 is far from reality and contributes not fulfill the obligations of the state.

She said Najib in a statement that "the construction of 2016 budget on the price of $ 45 means of touch with reality, the fact that world oil prices down continuously, and the government had to build a budget on 30 to $ 35 since the beginning of the year and not to risk built on the $ 45."

She noted that "the construction budget on the price of 35 is closer to reality and if there is an increase in the price of oil then the state can handle it by adding a batch of budget Aziadh employees' salaries or the investment budget to complete construction of the stalled projects."

It is said that the government consulted with the International Monetary Fund and made a decision to reduce the price of oil per barrel in the 2016 budget from 45 to $ 35 for control of the state requirements, as the 2016 budget of 105 trillion dinars reduced to 90 trillion dinars to control the deficit.

Parliamentary Economy: Citizens save $ 45 billion in their homes for their lack of confidence in banks

8/20/2016

Revealed a member of the economic and investment commission in Parliament, Nora Albjara on Saturday, all that there is $ 45 billion owned by the citizen without the in deposits in banks, as pointed out that Rafidain Bank lent the government 13 trillion dinars and the government condone retrieval.

She Albjara for "tomorrow's Press," that "there are assets frozen when the government banks private citizens of the people of Nineveh and Anbar government does not allow drag them under the pretext of control Daesh some banks," indicating that "nearly $ 45 billion owned by the citizens of the country without deposited in banks, according to experts and observers. "

"The majority of citizens do not have full confidence in banks to deposit their money Vidtroa to deposit it in their home or a safe place," calling on the government to "launch a citizens' money deposited in banks to restore confidence of the Iraqi banks."

She Albjara, that "Rafidain Bank loan the government 13 trillion dinars employees' salaries, and when the bank's request for money from the government turned a blind its consideration."

He pointed out that "previous banking policy a failure and we expect and the efficiency of existing experience in the coming year, the significant improvement in the work of banks begins." LINK

Aggiedad77 » August 20th, 2016

Makes me wonder what air they pulled this $45 billion dollars out of....yes $45B.....equates to maybe 52 trillion dinars being held in mattresses and under camels......how did they arrive at that number.....just inquiring minds and scratching heads. Aloha. Randy

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